Protos

Tesla Cybercabs stock crashed 6% in an hour this morning following news of a compliance audit. Yesterday, Tesla commercially deployed Cybercabs onto public streets in Austin, Texas. By the end of the day, the National Highway Traffic Safety Administration (NHTSA) quietly opened a new probe, Audit Query AQ26002, of up to 1,000 Tesla vehicles, which would more than cover the company’s Cybercab fleet of only a few dozen vehicles.

The UK’s right-wing Reform Party has received another £4 million ($5.4 million) donation from pardoned BitMEX founder Ben Delo. Delo has already donated £4 million this year and has helped fund the social media campaigns of multiple right-wing parties via a Westminster political hub. Donald Trump pardoned him in 2025 after he was convicted of failing to implement money laundering checks at his crypto exchange BitMEX.

Crypto hardware wallet Trezor says it’s “terribly sorry” after revealing today that another 67,000 US users were leaked in last month’s mailing partner breach. This brings the total number of affected users to over 80,000. Trezor initially revealed last month that the personal details of 13,689 of its customers had been leaked after bad actors infiltrated ShipMonk’s systems.

Prediction market Kalshi won’t let you bet on whether New Jersey’s case against it will reach the US Supreme Court, or what verdict the Supreme Court would issue if it ever did.

Billionaire Nvidia director Mark Stevens sold $410.84 million of the chipmaker’s stock across three days this week and didn’t even bother to note any predetermined trading plan or reason for his disposal. It was the largest insider Nvidia stock sale in history by dollar value, clearing the previous record by $175 million. He disclosed his sales on a single SEC Form 4 with his Third Millennium Trust executing seven separate transactions.

An effective altruism-linked organization, as of last month, is paying $2,000 in weekly compensation for an ostensibly grassroots anti-AI media campaign. Irreplaceable, which employs a campaign strategist who also works for the effective altruism-funded Center for AI Safety, supports protests against AI as a way to advocate for regulations that could benefit the effective altruism agenda. “What’s missing is coordinated action that forces the government to respond,” it claimed.

AI models Claude, Grok, ChatGPT, and Gemini all appear to be experiencing outages today. Across the board, AI users are claiming that they can’t get the models, run by Anthropic, X, OpenAI, and Google respectively, to work. Fifteen different services offered by OpenAI are reportedly experiencing issues, which OpenAI is currently trying to fix.

Justin Sun’s reputation in China has been taking a serious hit on a daily basis for almost a week, with his latest reply to his haters bordering on near-insanity. In his most recent diatribe, Sun offered to get his height measured on a livestream so people would stop calling him short and got into an irrational argument about the definition of the word “decency.” But, first, if you haven’t been following the Chinese drama with capitalistic characteristics, it’s worth getting caught up.

Crypto wallet maker Ledger neglected customer safety after it failed to prevent and subsequently adapt to a string of data breaches, according to a $500 million class action lawsuit. The August 27 lawsuit was filed by Douglas Kim, a Ledger user who claims to have lost almost $2 million to thieves who used data stolen from the company in 2020 and 2023, to target his crypto.

Kraken delayed its initial public offering (IPO) on Wednesday to at least April 2027. If the reader has lost count of how many times it has delayed, Protos is here to help. The exchange has been hyping its IPO for over half a decade, and was previously very confident it would IPO in 2022. In April 2021, Kraken CEO Jesse Powell told CNBC, “We’re looking at being able to go public sometime next year.” He’s still looking.